Trade

Export licences may be necessary for the Export of certain type of products. They may be either automatic or non-automatic. The rules and the list of products requiring Export or Import licensing are governed by Notification No. 0076.

Import licences may be necessary for the Import of certain type of products. They may be either automatic or non-automatic. The rules and the list of products requiring Export or Import licensing are governed by Notification No. 0076.

The Greater Mekong Subregion (GMS) comprises Cambodia, the autonomous regions of Guangxi and Yunnan in the People’s Republic of China (PRC), the Lao People’s Democratic Republic, Myanmar, Thailand, and Viet Nam. Economic growth in the GMS countries over the last 2 decades has been remarkable, averaging 7.5 % of gross domestic product (GDP) per capita at purchasing power parity between 1992 and 201 (AD4B 2016). During this period, the GMS nations have achieved dramatic reductions in poverty and admirable increases in food security.

Agricultural products, products derived from natural resources, or manufactured products are exempted from the payment of Customs duties. However, export duty is payable on certain types of products. The tariff applicable to these products is listed under the relevant HS Commodity classification.